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This form is a filing with the United States Securities and Exchange Commission that reports changes in beneficial ownership of securities, indicating transactions made under a Rule 10b5-1 trading plan, including details about the reporting person and the securities involved.
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Form 4 is a filing required by the Securities and Exchange Commission (SEC) that must be submitted by corporate insiders to report their buying and selling of company stock.
Form 4 must be filed by corporate insiders, which include officers, directors, and major shareholders who own more than 10% of a company's stock.
To fill out Form 4, insiders must provide information including the name of the reporting person, their relationship to the issuer, the transaction date, the number of shares bought or sold, and the price at which the transaction occurred.
The purpose of Form 4 is to provide transparency in the trading activities of corporate insiders, thereby helping to prevent insider trading and ensuring market integrity.
Form 4 requires reporting information such as the insider's name, relationship to the company, transaction details (including date, amount, and price), and the nature of the transaction (buy or sell).
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